by laura | Sep 17, 2019 | Buyers & Sellers, Housing Market Updates
CoreLogic’s Home Price Index (HPI) Report revealed, “National home prices increased 3.6% year over year in July 2019 and are forecast to increase 5.4% from July 2019 to July 2020.” They also analyzed four individual home-price tiers, showing the increase in each.... ![6 Graphs Showing the Strength of the Current Housing Market [INFOGRAPHIC]](https://www.realestatebylaurab.com/wp-content/uploads/sites/14/2019/09/6-Graphs-Showing-the-Strength-of-the-Current-Housing-Market-INFOGRAPHIC.jpg)
by laura | Sep 13, 2019 | Housing Market Updates
Some Highlights: Keeping an eye on the current status of the housing market is one of the best ways to make powerful and confident decisions when buying or selling a home. Mortgage rates remaining near historic lows and houses selling in an average of only 29 days are... 
by laura | Sep 11, 2019 | Housing Market Updates
In a recent article by Realtor Magazine, Mark Fleming, Chief Economist of First American Financial Corporation, notes, “The largest group of millennials by birth year will turn 30 in 2020, which puts them entering their prime homebuying years”. The article continues... 
by laura | Sep 9, 2019 | Buyer, Housing Market Updates, Seller
Freddie Mac, Fannie Mae, and the Mortgage Bankers Association are all projecting home sales will increase nicely in 2020. Below is a chart depicting the projections of each entity for 2019, as well as for 2020.As we can see, Freddie Mac, Fannie Mae, and the Mortgage... 
by laura | Sep 5, 2019 | Housing Market Updates
Last week realtor.com released the results of a survey that produced three major revelations: 53% of home purchasers (first-time and repeat buyers) currently in the market believe a recession will occur this year or next. 57% believe the next recession will be as bad... 
by laura | Sep 4, 2019 | Buyer, Housing Market Updates
When buying a home, taxes are one of the expenses that can make a significant difference in your monthly payment. Do you know how much you might pay for property taxes in your state or local area? When applying for a mortgage, you’ll see one of two acronyms in your... 